EazyStock

DECEMBER 13, 2020

A vaccine won’t magically eradicate the coronavirus; instead, it will take the vaccine coupled with additional widespread safety measures to usher in a ‘new normal’ – optimistically, by Q3 of 2021. The prevailing effects of COVID-19 are uncertainty and disruption; the key to planning ahead for 2021 will be to analyze the effects of 2020.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

3PL Insights

JUNE 23, 2021

In March 2021, the U.S. The latest report from April of 2021, shows the deficit dropped to $68.9 As travel picks up in 2021, this industry will recover rapidly. Despite the microchip shortage across the world this industry continues to see growth through 2021 with no signs of slowing down.

Manufacturing Procurement 90

Manufacturing Procurement Industry Sourcing Strategies Purchasing Skills 90

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. With that in mind, here are a few trends for 2021 that could help your business outlast the pandemic: Supplier Diversification. Automation.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

FreightWaves SONAR

JULY 10, 2023

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022. and Target Corp.

Data 52

Data Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 52

FreightWaves SONAR

FEBRUARY 25, 2021

It always goes back to using data as a best practice for all aspects of freight management. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation. Download the White Paper.

Supply Chain Software 90

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 90

FreightWaves SONAR

JANUARY 27, 2021

The societal and economic challenges of 2020 have constructed a positive outlook for transportation in 2021. It would be an oversight to kick off a 2021 outlook without addressing the structural changes to supply and demand as a result of what 2020 materialized into. Request a SONAR Demo.

White Paper 66

White Paper Procurement Analytics Freight Demo 66

FreightWaves SONAR

MARCH 16, 2021

Data analytics for logistics can make all the difference in the world when it comes to reefer truckload service delivery efficiency. However, the data [that powers them] hasn’t previously been utilized to its full capacity until recently.” Take the example of RCRPMF.USA in the image. last year and $2.19 the year prior.

Data 97

Data Efficiency Supply Chain Software Logistics Network Optimization Software 97

FreightWaves SONAR

JANUARY 7, 2021

Using SONAR data, the team can pre-empt the most unusual of circumstances, such as container shortages, problems managing drayage, handling LTL consolidation, and more. KCH Transportation has strong goals, including growing the company with new clients in 2021. Making data-driven decisions easier and more effective. “We

Case Study 98

Case Study Data Transportation Study 98

GlobalTranz

DECEMBER 22, 2020

The volatility of 2020 and the uncertainties looming into 2021 make it difficult to forecast planning and budgets based on historical data. To help shippers prepare, we will examine contributing factors that will play a significant role in the 2021 truckload freight market. The Truckload Capacity Crunch Will Continue Into 2021.

Inventory Reduction 62

Inventory Reduction Sourcing Strategies Cost Reduction Freight 62

EazyStock

OCTOBER 21, 2021

EazyStock provides us with daily recommended orders based on all the item data and sales forecasts. We also use a BI system which is connected to multiple databases to make information centrally accessible to help us make data driven decisions. Organizations collect more and more data.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Supply Chain Planning Software Automation 52

Blue Grace Logistics

JANUARY 26, 2021

Due to the high influence of this phenomenon over last-mile delivery, the trucking industry will continue to be affected in 2021. Businesses that responded to The National Federation of Independent Business (NFIB) Optimism Index showed that increasing their inventories was a chief priority in their developing plans for 2021. .

Industry 62

Industry Trucking Supply Chain Planning Software Inventory Reduction 62

Blue Grace Logistics

JANUARY 21, 2021

2021 is still carrying over problems from 2020. More drivers responded to the survey increasing the data pool by 43% (11,696 participants). Truckstop operators responded at a 34% increase, including 524 additional data points. The post Lack of Safe Truck Parking Remains an Issue for 2021 appeared first on The Logistics Blog.

Trucking 62

Trucking Survey Supply Chain Planning Software Scenario Planning 62

Freightos

JANUARY 15, 2024

Blog " * " indicates required fields Email * Phone This field is for validation purposes and should be left unchanged. This is a significant shift from late 2021, when 93% faced serious disruptions. In other words, this is a far cry from 2021 and its dramatic capacity shortage.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Price Reduction Cost Reduction 115

FreightWaves SONAR

NOVEMBER 24, 2020

Successful supply chain management depends on the ability to collect data and apply it accordingly. As explained by Grainger , “In today’s global economy, technology trends like the Internet of Things (IoT) and Big Data have become an indispensable part of everyday business. And major companies have taken notice.

Data 90

Data Freight Supply Chain Software Inventory Reduction 90

FreightWaves SONAR

JANUARY 25, 2021

It is a challenge for many shippers and carriers to know where they should put their focus and where the data directs them to go. According to FleetOwner , “ trucking companies must go where the data leads them, not where they think it is going to lead them. Why outdated data hurts carriers in the short- and long-term.

Price Reduction 86

Price Reduction Data Supply Chain Software Supply Chain Planning Software 86

FreightWaves SONAR

MARCH 1, 2021

These issues are easily avoided by using trucking data and analytics that provide real-time visibility. Asset-based trucking carriers that utilize data and freight analytics to track their assets can fight back against these issues by only choosing headhauls where a backhaul opportunity is likely. Request a SONAR Demo.

Expense Reduction 98

Expense Reduction Price Reduction Trucking Cost Reduction 98

FreightWaves SONAR

MARCH 19, 2024

Photo by Jim Allen Drayage is a tricky market to dissect with a data solution. While SONAR doesn’t contain drayage rates yet, certain data sets provide a look forward at demand that can help carriers be nimble with timely adjustments to rates. This is due to the drayage industry being highly fragmented, which makes pricing opaque.

Inbound 64

Inbound Data Sourcing Freight forwarding 64

FreightWaves SONAR

JANUARY 28, 2021

The first of the for-hire trucking trends to drive decisions in 2021 is simple— capacity. In 2021, market experts predict a surge in freight volume through an acceleration of Class 8 orders at the end of 2020. Therefore, capacity is expected to grow ever tighter for the first half of 2021. . Request a SONAR Demo.

Trends 52

Trends Trucking Manufacturing Procurement White Paper 52

FreightWaves SONAR

FEBRUARY 25, 2021

It always goes back to using data as a best practice for all aspects of freight management. Logistics automation continues to benefit from the increased viability of advanced analytics Data analytics provide a wide range of benefits for shippers that can properly harness logistics automation. Download the White Paper.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Automation Sourcing Strategies 52

3PL Insights

SEPTEMBER 20, 2021

This article shares details on the Truck Tonnage Index, how the data reflects the overall economy, and other ways to interpret the data. Data Collection. The index is updated every month but experiences a one-month lag between data compilation and reporting. The tonnage index for July 2021 was 109.8,

Trucking 92

Trucking White Paper Procurement Analytics Trends 92

Locus

SEPTEMBER 14, 2021

A Forbes report quoted data stating that store traffic in 2020 fell by 30% as compared to 2019. share of chain retail sales by 2023, up from 30% in 2021. Fuelled by e-commerce, leading carriers are expecting a massive crunch in capacity to meet the overwhelming demand expected in 2021. Peak season is coming. Share and Enjoy !

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FreightWaves SONAR

MARCH 25, 2021

Data provided to American Shipper on Wednesday by project44 listed 36 vessels affected by the canal blockage. For the Ever Given as an example, as of yesterday, the schedule posted by Evergreen the expected ETA of the vessel into Rotterdam was April 1st, 2021 (with a scheduled departure date of April 3rd, 2021).

Data 93

Data Inbound Demo Supply Chains 93

FreightWaves SONAR

FEBRUARY 25, 2021

But knowing what’s happening based on historic, peer and market data can help shippers figure out how carriers price freight loads. Here are a few things managers need to keep in mind when working with real-time freight data for pricing purposes. . Shippers may not track this data independently.

Negotiating Skills 92

Negotiating Skills Price Reduction Expense Reduction Data 92

FreightWaves SONAR

MARCH 24, 2021

Todd Maiden reported Wells Fargo believes 2021 will be a banner year for container shipping on the rails, citing strong year-over-year comps and sustained import growth. Trucking has a decisive advantage on shorter, irregular runs moving in or out of less populated regions, which are also core reasons to view lane-by-lane market data too.

Cost Reduction 85

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Locus

DECEMBER 1, 2021

As the 2021 holiday season began early, toy shopping started early. The toy industry is particularly susceptible to shipping delays because 85% of the 3 billion toys sold each year in the United States come from China.” – Ed Desmond, executive vice president for external affairs at the Toy Industry Assn, Oct 15, 2021.

Supply Chain Planning Software 52

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FreightWaves SONAR

MARCH 2, 2021

Companies are rapidly adopting and using real-time data to clearly understand challenges to better mitigate unexpected problems when they arise. In fact, logisticians should consider these top five use cases of increased visibility and data within logistics and how they improve throughput. as of the close of business on March 1, 2021.

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SYSPRO Smarter ERP

OCTOBER 4, 2021

The latest World Manufacturing Report, reveals that industries that adopted new technology started recovering faster from the pandemic, with increases of at least 10% in the first quarter of 2021, while low-technology industries registered a comparably lower growth rate of only 5.8%. Use ERP to improve operations and efficiency.

Manufacturing Procurement 119

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3PL Insights

JULY 19, 2021

July 19, 2021 — Evans Distribution Systems, a third-party logistics provider, has been recognized as a “Top 100 3PL Provider” by Inbound Logistics for the 19th consecutive year. After navigating through the pandemic, Evans managed to roll out several key initiatives to drive growth in 2021. MELVINDALE, Mich.

3PL 98

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FreightWaves SONAR

JUNE 3, 2021

SONAR data show that the freight market for inbound Detroit loads is highly volatile based on auto production trends – inbound Detroit loads should be less expensive when OEMs are sourcing a lot of components as assembly volumes ramp up. The post Freight Market Data To Assist in Negotiations With Carriers appeared first on SONAR.

Negotiating Skills 52

Negotiating Skills Data Freight Inbound 52

Logistics at MPEPS at UPV

MAY 2, 2023

This blog post delves into the intricacies of logistics in small and medium-sized enterprises (SMEs) and startups, highlighting their unique challenges and opportunities. A Data-Driven Comparison: Logistics Performance of SMEs and Startups To better understand the logistics performance of SMEs and startups, we must dive into the data.

Supply Chain Software 52

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Blue Grace Logistics

FEBRUARY 21, 2022

In the second quarter of 2021, cargo theft experienced a 253% increase by value. In the second quarter of 2021, cargo theft experienced a 253% increase by value, according to Sensitech’s quarterly Cargo Theft Intelligence Report. Instead, companies have to account for data breaches and malware. Inbound Logistics.

Cargo 62

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FreightWaves SONAR

JANUARY 10, 2022

In fact, our data shows that accepted tender volume is up 12% y/y. Domestic intermodal contract rates are poised to take another meaningful step up in 2022 on top of double-digit rate increases in 2021. SONAR intermodal contract rate data shows rates up 19% from this time last year.

White Paper 98

White Paper Demo Data Maritime 98

Freightos

JANUARY 3, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. In 2021 and 2022 an extreme surge in demand for goods that overwhelmed ports was the main culprit of disruptions and spiking rates. Freightos Terminal data shows that Asia – N.

Negotiating Skills 121

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Freightos

APRIL 25, 2024

Blog " * " indicates required fields Email * Comments This field is for validation purposes and should be left unchanged. From Q3 2021 to early 2022, Freightos Air Index China-U.S. He’s obsessed with marketing, data storytelling (it’s a thing!) These rates dipped to around $3.50/kg

Cost Reduction 88

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Freightos

DECEMBER 19, 2023

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. Subscribe Now Judah Levine Head of Research, Freightos Group Judah is an experienced market research manager, using data-driven analytics to deliver market-based insights. Europe – N.

Negotiating Skills 89

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SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Without the right data insights businesses are unable to understand the impact of all factors on their daily business activities and deal with supply and demand shocks. The 2021 SYSPRO CFO 4.0

Manufacturing Procurement 124

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FreightWaves SONAR

JANUARY 28, 2021

As 2021 begins, new growth and adjustments need freight managers’ attention to start the recovery process. Embracing new and improved logistics strategies remains the best way to adapt to clients’ changing demands in 2021 and beyond. Data will ensure smooth operations and successful executions at every point along the supply chain.

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